Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Ukraine - 2023

Contents:

  1. Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Ukraine (CIF) - 2023
  2. Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Ukraine (FOB) - 2022
  3. Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Ukraine
  4. Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Ukraine

Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Ukraine (CIF) - 2023

In December 2023, the average import price for vitamins; vitamin c and its derivatives, unmixeds amounted to $3,907 per ton, picking up by 14% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 82% m-o-m. As a result, import price attained the peak level of $6,017 per ton. From March 2023 to December 2023, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From December 2022 to December 2023, the rate of growth in terms of prices for China amounted to -2.6% per month.

Price for Vitamins; Vitamin C and Its Derivatives, Unmixed in Ukraine (FOB) - 2022

The average export price for vitamins; vitamin c and its derivatives, unmixeds stood at $9,442 per ton in 2022, with an increase of 13% against the previous year. In general, the export price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 698% against the previous year. As a result, the export price attained the peak level of $21,291 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Moldova ($14,015 per ton), while the average price for exports to Russia ($6,780 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+32.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Ukraine

In 2022, supplies from abroad of vitamins; vitamin c and its derivatives, unmixeds decreased by -35.9% to 300 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports showed a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 20%. As a result, imports reached the peak of 468 tons, and then reduced notably in the following year.

In value terms, imports of vitamins; vitamin c and its derivatives, unmixeds dropped significantly to $2.4M in 2022. Overall, imports saw a pronounced slump. The most prominent rate of growth was recorded in 2020 with an increase of 103% against the previous year.

Import of Vitamins; Vitamin C and Its Derivatives, Unmixed in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.75.66.22.4-3.9%
OthersN/A0.10.10.10.0%
Total2.85.76.32.4-5.0%

Top Suppliers of Vitamins; Vitamin C and Its Derivatives, Unmixed to Ukraine in 2022:

  1. China (298.3 tons)

Exports of Vitamins; Vitamin C and Its Derivatives, Unmixed in Ukraine

In 2022, exports of vitamins; vitamin c and its derivatives, unmixeds from Ukraine surged to 3.1 tons, jumping by 172% compared with the previous year's figure. In general, exports posted significant growth. The growth pace was the most rapid in 2020 with an increase of 5,793%. As a result, the exports attained the peak of 15 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of vitamins; vitamin c and its derivatives, unmixeds soared to $29K in 2022. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 2,340% against the previous year. As a result, the exports reached the peak of $69K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Vitamins; Vitamin C and Its Derivatives, Unmixed in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Moldova0.910.92.714.6153.1%
GeorgiaN/AN/AN/A7.00%
RussiaN/A3.9N/A6.832.0%
AzerbaijanN/A6.70.40.4-75.6%
PolandN/A42.0N/AN/A0%
United Arab EmiratesN/AN/A3.6N/A0%
Kyrgyzstan1.55.7N/AN/A280.0%
Others0.40.22.80.2-20.6%
Total2.869.39.529.0118.0%

Top Export Markets for Vitamins; Vitamin C and Its Derivatives, Unmixed from Ukraine in 2022:

  1. Moldova (1045.0 kg)
  2. Russia (1000.0 kg)
  3. Georgia (1000.0 kg)
  4. Azerbaijan (27.0 kg)
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